HOT 50+ Lucrative Business Opportunities in Nigeria

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In this post, I'm going to be listing some lucrative
business idea in Nigeria. Majority of the businesses that will be reviewed are
small scale that can also be started with little capital and with enough effort
these businesses can turn out to be very lucrative with time.

Before we begin, I also like to point out that most millionaires
today didn't just become entrepreneurs over night, they had to possess certain
skills to transform their little scale enterprise in large-scale companies.

As an entrepreneur you have to be a smart risk taker, if you
plan to start with a loan, make sure all risks have been thoroughly calculated
to avoid financial issues. This is why to succeed as an entrepreneur or
shareholder you'll need to have persistence and also a strong determination to
achieve your goal, and be sure you're fully passionate about the business which
you plan to manage.

Below
is a list of thriving businesses in Nigeria.

Agricultural
and Agro Allied Sector

Poultry farming business

Catfish Farming

Livestock farming

Livestock feed production

Dog breeding business

Equipment leasing services

Soya beans processing

Maize Cultivation and procession

Rice Processing (Milling)

Cashew production and processing

Cassava processing

Ethanol production (from cassava)

Employment
Service Sector

You can start a resume writing business

Career advice and counseling

Job placement and recruitment agency

Educational
Sector

Start a tutorial centre for exams like JAMB, WAEC, GCE,
ICAN, CIS,etc

Crèche School

Day care center

Start a self-defense training school

ICT and
Technology Sector

Computer repair services

Mobile phone repairs

Mobile apps development

Games development

Software development

Web
Based Business Service

Web design and development

Search engine optimization services

Search engine marketing services

Green
Technology

Waste management

Waste recycling business

Alternative power generating devices installation services

Security

You can start a security guard training school

Start a security company

Import security gadgets

Import non-lethal self defense weapons

Others

Restaurant Business

Transport and Haulage Business

Laundry Business

Selling Kerosene

Game Centers

Car Wash Business

Importation of Secondhand (Okrika) Shoes and Bags

Sachet Water Production and Distribution

Sales of Steel Rods, Cement And Other Building Materials

So far in 2016 and these businesses have proved to be very
lucrative. Some of them also require small capital to start up and can also be
managed from home.

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